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" the extent of the amount of the stock therein, at the par value thereof, in addition to the amount invested In such shares. To permit a trust company to purchase shares of its own capital stock would permit it to impair the security intended for the benefit... "
Annual Report of the Commissioner of the Banking Department of the State of ... - Page lxiv
by Michigan. Banking Division - 1922
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 204

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1906 - 760 pages
...for all contracts, debts and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares. This section undertakes to hold all shareholders responsible, and questions have arisen under varying...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 263

United States. Supreme Court - 1924 - 854 pages
...for all contracts, debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested hi such shares." Rev. Stats., § 5151; Act December 23, 1913, c. 6, § 23, 38 Stat. 273. " Any [national...
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The Merchants' Magazine and Commercial Review, Volume 51

1864 - 414 pages
...for all contracts debts, and engagements of such association, to the extent of the amount of their stock therein, at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having not less...
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The Merchants' Magazine and Commercial Review, Volume 54

1866 - 494 pages
...for all contracts, debt» and engagements of sucn association, to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares." Jn the election of director», "and in deciding all questions at meetings of shareholders, each shareholder...
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The Statutes at Large, Treaties, and Proclamations of the United ..., Volume 13

United States - 1866 - 906 pages
...all contracts, debts, and engagements blUt yof such association to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under state laws, having not less...
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The Voter's Text Book: Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 438 pages
...another, for all contracts, debts, and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having not less...
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The Voter's Text Book, Comprising a Collection of the Most Important ...

James M. Hiatt - 1868 - 426 pages
...another, for all contracts, debts, and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having not less...
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Acts and Laws of the Commonwealth of Massachusetts

Massachusetts - 1873 - 1162 pages
...contracts, debts and engage- Son!" of meiits of such association, to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. The provisions coutained. in chapter two hundred and twenty-four of the acts of the year eighteen hundred...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1873 - 1238 pages
...held by them severally Additional corporators. Whore to bo located. Name changed. Director*. Kepeal. therein, at the par value thereof, in addition to the amount invested in such share, after the remedies against said corporation shall have been exhausted, and the stockholders...
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The Century of Independence: Embracing a Collection, from Official Sources ...

John Russell Hussey - 1876 - 562 pages
...another, for all contracts, debts, and engagements of such association to the extent of amount of their stock therein at the par value thereof, in addition to the amount invested in such shares ; except that shareholders of any banking association now existing under State laws, having not less...
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